Taiyo Yuden Co., Ltd. (OTCMKTS:TYOYY) Short Interest Update

Taiyo Yuden Co., Ltd. (OTCMKTS:TYOYY) was the target of a large increase in short interest in June. As of June 15th, there was short interest totaling 804 shares, an increase of 1,136.9% from the May 31st total of 65 shares. Based on an average daily volume of 4,930 shares, the days-to-cover ratio is presently 0.2 days.

Taiyo Yuden Stock Down 7.6%

Shares of OTCMKTS:TYOYY opened at $417.28 on Friday. Taiyo Yuden has a 1 year low of $66.58 and a 1 year high of $528.00. The stock’s fifty day moving average price is $293.01 and its 200-day moving average price is $167.64.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Zacks Research upgraded shares of Taiyo Yuden to a “hold” rating in a research note on Tuesday, April 28th. Morgan Stanley downgraded shares of Taiyo Yuden to an “underweight” rating in a research report on Wednesday, June 17th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Reduce”.

Taiyo Yuden Company Profile

Taiyo Yuden Co, Ltd. (OTCMKTS: TYOYY) is a Tokyo?based manufacturer specializing in electronic components and modules. Established in 1950, the company has built a reputation for innovation in passive components and wireless communication modules. Over the decades, Taiyo Yuden has expanded its portfolio beyond its ceramic capacitor roots to encompass inductors, acoustic devices and high?performance circuit protection components.

The company’s product lineup includes multilayer ceramic capacitors, power inductors, common?mode choke coils and EMI filters, all critical for consumer electronics, automotive systems and industrial applications.